Fox News Channel: Sarah Palin Will Remain on Network

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Rumors are heating up about the paid contributor's possible presidential run.

Fox News Channel is sticking with Sarah Palin as rumors heat up about her potential presidential bid.

Executive vp Bill Shine said Thursday that the former Alaska governor will remain on the network as a paid contributor.

"We are not changing Sarah Palin's status," Shine said, according to the Huffington Post.

FNC has a policy of letting go of talent who run for president. Earlier this month, it terminated the contracts of Newt Gingrich and Rick Santorum after the deadline passed for both to make a decision about running for president.

Mike Huckabee, also on FNC's payroll, had been mulling a presidential run but recently announced that he would not pursue the nomination.

The news of Palin's status at Fox News comes days after a New York magazine cover story claiming that Fox News CEO Roger Ailes' thinks Sarah Palin is "stupid," but FNC denied that in a statement to the New York Times.